News
Great Eastern General Insurance Malaysia names new CEO
Great Eastern General Insurance Malaysia names new CEO
He succeeds Ng Kok Kheng, who retires after 17 years in this role.
Commercial auto insurance sector slated for 6% CAGR by 2032
In APAC, the market is expanding rapidly thanks to increased trade.
Allianz Commercial names deputy CEO of Hong Kong
This role is an addition to his current responsibilities as the head of Financial Lines.
Zurich reveals flagship branch in Johor Bahru
It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint.
Sompo appoints new risk Chief for APAC
She will report to Emmanuel Brule, CRO of Sompo International Holdings.
Hong Kong green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC.
AXA Philippines launches new health plan for critical illnesses
The plan offers coverage for over 150 medical conditions.
Insurers pivot to science-based cleantech risk modeling
This shift aims to address climate risks and capitalise on cleantech opportunities.
Swiss Re appoints new ANZ head of life, health
He was head of L&H Claims for US since 2016.
IFRS 17 raises financial statement clarity: Fitch
APAC insurers are reconsidering product offerings.
Allianz PNB cuts product rollout by 30% with new partnership
The insurer aims for customers to receive policies in five minutes.
Australians pay $585 on average for car insurance
Insurance prices increased by 14% as of September last year.
Suncorp completes sale of Asteron Life to Resolution Life
Suncorp received $141.8m plus the estimated excess capital.
Premium finance market to grow 10% by 2032
The life insurance segment is expected to surpass $75b by 2032.
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
First Insurance Limited remains stable amidst looming portfolio transfer: Fitch
The insurer remains open to new business until the transfer.
Stricter capital requirements to put pressure on Eka Lloyd: Fitch Ratings
The insurer would need to raise capital to meet the government’s $15m requirement.
Commentary
AI isn’t replacing insurance, it’s finally making it work